BMO to acquire carbon credit producer Radicle

BIZ  Carbon  •  Investment  •  National

The Bank of Montreal (BMO) Financial Group plans to acquire Canada’s largest carbon credit developer, Radicle, in a move to support BMO’s sustainability and climate goals.

EV Plug-In: 2,000 new chargers revealed during #EVWeek

BIZ  Transportation  •  Technology  •  National, International

Recent electric vehicle news has been dominated by a flurry of funding announcements for chargers across the country. The announcements were spurred by the federal government’s declaration of July 11 to 15 as #EVWeek.

20 MW solar power project approved for Red Deer airport

Energy  •  Red Deer Advocate

A 20 megawatt solar power project next to the Red Deer Regional Airport has been approved by the Alberta Utilities Commission.

Real estate can help combat extreme heat

Real Estate  •  Bisnow

The world is getting hotter and making the populations of cities sicker. Real estate can do something to combat that — and if it doesn’t, the property it owns, in urban areas in particular, is likely to become less valuable.

Reduced carbon realized through digital twins

Real Estate  •  Daily Commercial News

The use of virtual, real-time data-based recreations of buildings known as digital twins may play a role as a key innovation in reducing operational carbon emissions in the built environment.

Vancouver sets aside $660,000 for big oil lawsuit

Real Estate  •  Globe and Mail

Vancouver City Council has voted to designate about $660,000 for potential legal action against global fossil fuel companies to recoup costs associated with climate change, such as sea wall repairs and protection from extreme heat.

Oilpatch sees production cuts in emissions cap

Real Estate  •  Financial Post

The oilpatch has been rattled by concerns that the federal government’s proposed cap on oil and gas emissions could force the industry to curtail production in order to stay within a regulated limit by the end of the decade.

Canada supports U.S. in Mexico energy dispute

Energy  •  Canadian Manufacturing

REITs embedding ESG into day-to-day operations

Real Estate  •  Globest.com

REITs and publicly traded real estate companies are increasingly enhancing ESG data and disclosure, strengthening board oversight of ESG, implementing programs that prioritize the health and wellness of stakeholders, and putting in place climate mitigation and adaptation strategies.

Is sadness good for sustainable investing?

ESG  •  Corporate Knights

New guidance aims to stop carbon market greenwashing

Carbon  •  Eco Business

Pension plan sponsors worried about climate resiliency

ESG  •  Benefits Canada

Canada’s defined benefit pension plan sponsors are more concerned about broad-scale climate resilience in portfolios than they were before the coronavirus pandemic, according to a new report by the Global Risk Institute and the Smart Prosperity Institute.

Greened trains could suck CO2 out of the air

Real Estate  •  Toronto Star

Trains of the future could be scrubbing the air of carbon dioxide rather than belching it out of their smokestacks, proposes new research, and that could go a long way to helping mitigate the climate change crisis.

Qcells to secure solar glass from Canada

Energy  •  PV Magazine

Are clean energy tax credits the solution for electricity?

Energy  •  Carbon Credits

The benefits of clean energy tax credits outweigh the efficiency gains of carbon pricing according to a study of popular climate policies.

Green hydrogen prices almost tripled: S&P

Energy  •  Utility Dive

The cost of hydrogen from U.S. electrolyzers shot up to $16.80/kg in July as a result of energy price hikes that took place in the ERCOT market during a heatwave, according to data from S&P Global Commodity Insights.

TES completes $85M fundraising round

Energy  •  Energy Global

Tree Energy Solutions (TES), a European green hydrogen company, announced it has successfully concluded its second fundraising round at about $85 million. It plans to build a green energy hub in the Germany and a supply and import hub in Canada.

Fifth Wall raises $500M for cleantech

Real Estate  •  Commercial Observer

Los Angeles-based venture capital firm Fifth Wall has about a half billion dollars in-hand it will use to bolster green energy building technology. Fifth Wall claims to be one of the largest funds geared toward decarbonizing the real estate industry.

Spain to award 520 MW of renewables in Oct. auction

Energy  •  Renewables Now

The Spanish government expects to hold the next renewable energy auction on October 25 this year, announcing today that it will allocate 520 MW of capacity for “firm renewables.”

Global oil map seen shifting from renewables

Carbon  •  Bloomberg

The world’s oil map is being redrawn as the industry becomes increasingly intertwined with renewables, according to consultancy Wood Mackenzie Ltd.